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Codorus Valley Bancorp (Codorus Valley Bancorp) E10 : $1.94 (As of Mar. 2024)


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What is Codorus Valley Bancorp E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Codorus Valley Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Codorus Valley Bancorp's average E10 Growth Rate was 4.30% per year. During the past 3 years, the average E10 Growth Rate was 7.40% per year. During the past 5 years, the average E10 Growth Rate was 6.50% per year. During the past 10 years, the average E10 Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Codorus Valley Bancorp was 12.60% per year. The lowest was 4.30% per year. And the median was 7.55% per year.

As of today (2024-06-01), Codorus Valley Bancorp's current stock price is $22.02. Codorus Valley Bancorp's E10 for the quarter that ended in Mar. 2024 was $1.94. Codorus Valley Bancorp's Shiller PE Ratio of today is 11.35.

During the past 13 years, the highest Shiller PE Ratio of Codorus Valley Bancorp was 23.75. The lowest was 7.65. And the median was 14.16.


Codorus Valley Bancorp E10 Historical Data

The historical data trend for Codorus Valley Bancorp's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Codorus Valley Bancorp E10 Chart

Codorus Valley Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.55 1.67 1.81 1.92

Codorus Valley Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 1.89 1.92 1.92 1.94

Competitive Comparison of Codorus Valley Bancorp's E10

For the Banks - Regional subindustry, Codorus Valley Bancorp's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Codorus Valley Bancorp's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Codorus Valley Bancorp's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Codorus Valley Bancorp's Shiller PE Ratio falls into.



Codorus Valley Bancorp E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Codorus Valley Bancorp's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.44/131.7762*131.7762
=0.440

Current CPI (Mar. 2024) = 131.7762.

Codorus Valley Bancorp Quarterly Data

per share eps CPI Adj_EPS
201406 0.368 100.560 0.482
201409 0.420 100.428 0.551
201412 0.360 99.070 0.479
201503 0.321 99.621 0.425
201506 0.378 100.684 0.495
201509 0.370 100.392 0.486
201512 0.346 99.792 0.457
201603 0.285 100.470 0.374
201606 0.311 101.688 0.403
201609 0.328 101.861 0.424
201612 0.397 101.863 0.514
201703 0.345 102.862 0.442
201706 0.372 103.349 0.474
201709 0.327 104.136 0.414
201712 0.154 104.011 0.195
201803 0.410 105.290 0.513
201806 0.610 106.317 0.756
201809 0.510 106.507 0.631
201812 0.438 105.998 0.545
201903 0.410 107.251 0.504
201906 0.490 108.070 0.597
201909 0.520 108.329 0.633
201912 0.460 108.420 0.559
202003 -0.310 108.902 -0.375
202006 0.310 108.767 0.376
202009 0.370 109.815 0.444
202012 0.480 109.897 0.576
202103 0.400 111.754 0.472
202106 0.330 114.631 0.379
202109 0.490 115.734 0.558
202112 0.280 117.630 0.314
202203 0.320 121.301 0.348
202206 0.200 125.017 0.211
202209 0.750 125.227 0.789
202212 0.830 125.222 0.873
202303 0.730 127.348 0.755
202306 0.690 128.729 0.706
202309 0.610 129.860 0.619
202312 0.570 129.419 0.580
202403 0.440 131.776 0.440

Add all the adjusted EPS together and divide 10 will get our e10.


Codorus Valley Bancorp  (NAS:CVLY) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Codorus Valley Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.02/1.94
=11.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Codorus Valley Bancorp was 23.75. The lowest was 7.65. And the median was 14.16.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Codorus Valley Bancorp E10 Related Terms

Thank you for viewing the detailed overview of Codorus Valley Bancorp's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Codorus Valley Bancorp (Codorus Valley Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
105 Leader Heights Road, P.O. Box 2887, Codorus Valley Corporate Center, York, PA, USA, 17403
Codorus Valley Bancorp Inc is a United States-based bank holding company. Through its subsidiary, it offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. It operates in a single segment, which is community banking. The loan portfolio is segmented is two classes: commercial, which includes builder & developer, commercial real estate investor, residential real estate investor, hotel/motel, wholesale & retail, agriculture, manufacturing, and all others; and consumer, which consists of residential mortgage, home equity and all other. Substantially, all the revenue for the group is derived in the form of an interest income.
Executives
Stephen M Altland officer: SVP of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
Scott V Fainor director 105 LEADER HEIGHTS RD, YORK PA 17403
John W Giambalvo other: Director of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
John E Kiernan director 110 CROTON AVENUE, MOUNT KISCO NY 10549
Craig L Kauffman officer: EVP & COO 105 LEADER HEIGHTS ROAD, YORK PA 17403
Keith Michael Cenekofsky director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Brian D Brunner other: Director of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
Sarah M Brown director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Kent K. Matsumoto director 105 LEADER HEIGHTS RD, YORK PA 17403
Diane E Hill officer: Vice President 105 LEADER HEIGHTS ROAD, YORK PA 17403
Matthew A Clemens officer: SVP of subsidiary, PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
John Rodney Messick director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Larry D Pickett officer: Treasurer 105 LEADER HEIGHTS ROAD, YORK PA 17403
Daniel R Stolzer officer: General Counsel C/O CODORUS VALLEY BANCORP INC, 105 LEADER HEIGHTS ROAD, YORK PA 17403
Kristen Marie Heisey other: SVP of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403